DB Project Manager

Description

The Defined Benefit Project Manager for Special Projects is responsible for the general oversight and project management of defined benefit administration special project work related to plan termination, lump sum window, and other de-risking projects for the Employee Benefits Administration and Consulting (EBAC) Practice. As a special projects manager, the Defined Benefit - Project Manager works under general supervision of the Systems Team Director and exercises a great deal of initiative and independent judgment in the performance of all assigned tasks and projects. In this role, both technical and project management skills are utilized. This is a client-facing role. Some travel is required.

Milliman's management has a history of rewarding performance and views this position as a vital piece of its ongoing strategy to solidify and grow long-term client relationships. This position offers the opportunity to work as a business manager along with high visibility and unlimited career potential.

Who We Are

Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world's most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.

Milliman invests in skills training and career development, and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERG's) are employee-led communities that influence policy decisions, develop future leaders, and amplify the voices of their constituents. We encourage our employees to give back to their varied professions, including leadership in professional organizations. Please visit our web site (https://www.milliman.com/en/social-impact) to learn more about Milliman's commitments to our people, inclusion, and sustainability.

Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.

What You Will Do

In this role, you will:

• Coordinate all aspects of assigned work for the EBAC Practice defined benefit special projects from sales transition to execution of all required notices and election kits based upon assigned projects; includes project management and conducting weekly status meetings with clients.
• Coordinate various teams including systems updates, call center support and processing team for payment setup utilizing Milliman's proprietary defined benefit administration system.
• Manage overall scope of work of assigned project work and identify where the request for additional services may be outside of the initial definition of the project.
• Initiate and participate in Practice quality improvement initiatives, identify opportunities for improvement and document procedures.
• Assist in the development and review of standard plan termination notices including NOIT, NTIP, NOAI and NOPB and lump sum window election kits.

What We Are Looking For

Required Professional Qualifications

• 5 + years of Defined Benefit (DB) administration and de-risking project management, including plan terminations and lump sum windows.
• 5 + years of project management experience.
• Knowledge of all regulatory sides of defined benefit plan termination process including IRS and PGBC regulatory requirements and timing.
• Must have strong organizational skills and the ability to effectively manage and track numerous tasks, issues, and projects at one time.
• Must have the ability to effectively manage project scope and client expectations while providing a high level of customer service and satisfaction.
• Must have the ability to accomplish tasks through others in an environment with no reporting relationship.
• Must have a solid understanding of the defined benefit outsourcing market and product.

Preferred Professional Qualifications

• SQL Server proficiency a plus
• CPC, QKA, PMP, or QPA certifications

Personal Qualifications

• Works well within a team environment and takes ownership of personal work product
• Proficiency in the use of computers and other general office equipment
• Proficiency in Microsoft Office Suite
• Attention to detail
• Excellent problem-solving skills
• Strong communication skills (both written and verbal)
• Able to productively respond to change
• Excellent organization and time management skills

Location

This role is based out of the Milliman office in Dallas, Texas, but candidates hired into this role may work remotely anywhere in the US. The expected application deadline for this job is March 31, 2026.

Compensation

The overall salary range for this role is $93,700 - $177,675.

For candidates residing in:

• Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Pennsylvania, Virginia, Washington, or the District of Columbia the salary range is $107,755 - $177,675.
• All other locations the salary range is $93,700 - $154,500.

A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.

Benefits

We offer a comprehensive benefits package designed to support employees' health, financial security, and well-being. Benefits include:

• Medical, Dental and Vision - Coverage for employees, dependents, and domestic partners
• Employee Assistance Program (EAP) - Confidential support for personal and work-related challenges
• 401(k) Plan - Includes a company matching program and profit-sharing contributions.
• Discretionary Bonus Program - Recognizing employee contributions
• Flexible Spending Accounts (FSA) - Pre-tax savings for dependent care, transportation, and eligible medical expenses
• Paid Time Off (PTO) - Begins accruing on the first day of work. Full-time employees accrue 15 days per year, and employees working less than full-time accrue PTO on a prorated basis
• Holidays - A minimum of 10 paid holidays per year
• Family Building Benefits - Includes adoption and fertility assistance
• Paid Parental Leave - Up to 12 weeks of paid leave for employees who meet eligibility criteria
• Life Insurance & AD&D - 100% of premiums covered by Milliman
• Short-Term and Long-Term Disability - Fully paid by Milliman

Equal Opportunity

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.

Individual(s) must be legally authorized to work in the United States without the need for immigration support or sponsorship from Milliman now or in the future.

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